Skip to main content

Global Sapphire Substrates Market: Advent of Silicon-on-Sapphire Technology to Boost Growth



Characterized by the rivalry between Crystal Applied Technology Inc., Hansol Technics Co. Ltd., Monocrystal, TeraXtal Technology Corp., Iljin Display, Rubicon Technology, and Crystaland, the global market for sapphire substrates exhibits a highly fragmented and competitive landscape, finds a report by Transparency market Research (TMR). The competitive rivalry between these players is expected to remain high over the next few years.
Global Sapphire Substrates Market: Segmentation
In terms of wafer diameter, the global sapphire substrates market is segmented into 2 inches, 4 inches, 6 inches and others. Others segment includes 1 inch, 3 inches, 5 inches and 8 inches wafer diameters, among others. By applications, the market was segmented into light emitting diode (LED), radio frequency integrated circuits (RFIC), laser diodes, silicon on sapphire (SoS) integrated circuits and others. Others segment includes insulated gate bi-polar transistor (IGBT), double-diffused metal oxide semiconductor (DMOS) and ultra-fast diodes among others.
The regional market analysis gives in-depth analysis of the current trends in different regions including North America, Europe, Asia Pacific, and rest of the world (RoW). RoW covers the South America and Middle East & Africa markets. The market revenue for sapphire substrates has been provided in terms of (USD Million) and market volume has been provided in terms of (Thousand Units), along with the CAGR for the forecast period from 2016 to 2024.
The worldwide market for sapphire substrates, which presented an opportunity worth US$0.4 bn in 2015, is expected to rise at a CAGR of 4.10% between 2016 and 2024 and reach US$0.6 bn by the end of 2024. In terms of volume, the market is estimated to reach 40,333.2 thousand units by 2024.
Demand for Sapphire Substrates to Remain High from LED Segment
Light emitting diode (LED), radio frequency integrated circuits (RFIC), laser diodes, silicon on sapphire (SoS) integrated circuits, and other applications, such as insulated gate bi-polar transistor (IGBT), double-diffused metal oxide semiconductor (DMOS), and ultra-fast diodes, are the main application areas of sapphire substrates across the world.
Among these, the demand for these substrates has been greater from the LED segment, which is likely to remain so over the years to come, thanks to the increasing usage of LED lights and screens. The RFIC segment is also expected to witness a considerable rise in the demand for sapphire substrates over the next few years.
In 2015, Asia Pacific was the largest regional market for sapphire substrates, accounting for more than two third of the market share, in terms of revenue, and is expected to retain their leading position during the forecast period. In terms of volume, Asia Pacific is again expected to be the largest regional market for sapphire substrates, accounting for more than 80% market share in 2015. The shifting of semiconductor manufacturing facilities in China, Taiwan, Japan and other Asian countries has been a primary factor for the growth of the sapphire substrates market in this region.
Global Sapphire Substrates Market: Research Methodology
To aid in strategic decision-making, the report includes competitive profiling of leading players in the industry, overview, SWOT analysis, product segments, business segments, various business strategies adopted by them, revenue garnered and their region wise revenue share. The SWOT analysis, provided for each of the companies profiled, discusses the strengths, weaknesses, opportunities and threats for those companies, thus providing a better understanding of the business of the major players in this market.
The key trends analysis, provided in the report for each region, details the current trends of the sapphire substrates market for that region. The market attractiveness analysis, and Porter’s five forces analysis included in the report provide insight into industry competition, market dynamics and the most profitable segments in the sapphire substrates market. The report also provides the supply chain analysis, for the sapphire substrates, for a better understanding of the production and flow of products through the industry and to the end users.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Global Thin Wafer Processing and Dicing Equipment Market - A cutting-edge technology, industry survey and new business opportunities 2024

Global Thin Wafer Processing and Dicing Equipment Market: Overview Rising demand for three dimensional integrated circuit used extensively across various miniature semiconductor devices is one of the important factor anticipated to boost the demand for thin wafer processing and dicing equipment in the coming years. Three dimensional integrated circuit are increasingly adopted across various space constrained applications including portable consumer electronic devices, sensors, MEMS and industrial products as it increases the overall performance of the products in terms of speed, durability, low power consumption, light weight and memory. Moreover, three dimensional integrated circuit also helps to reduce the area of consumption in a printed circuit board and in turn enables extensive cost reduction. Thin wafer of thickness 20 um – 50 um is an integral part of the three dimensional integrated circuit technology. Thus, anticipated increasing demand for three dimensional integra...
1 comment
Read more

Data Science Platform Market Set to Witness Significant Growth in the Coming Years

Data Science Platform Market: Overview Big data, advance analytics and predictive modeling are now becoming indispensable part of business houses, who are striving to optimize decision-making and deliver value to customers. With rise in enormous data generated in various digital platforms and corresponding increase in use of various data analytics tool the phrase “data science platform” has been tossed around about a lot recently. Data science platforms are supposed to be an arena where plethora of various data scientists works are collected. In colloquial term, data science platform terms defines that it provides various algorithm integrated with analytical tools that help data analyst to cluster and explore data from varied sources, and further design and implement models. These models sought from data science platform helps in framing decisions and strategies. Data science platform assist wide array of various suite of tools that is being introduced subsequently implemented ...
Post a Comment
Read more

Harbor Management System Market: Market Scope and Size by Application

Harbor management software assists in maintaining the safety and security of vessels. Certain type of this harbor management software has a facility wherein it can trace vessels near the harbor within a specific range. The vessels can be viewed through graphics. This helps harbor managers in identifying if a vessel is in the wrong location or if the vessel’s location information is incorrect. Harbor management software assists in maintaining the safety and security of vessels. Certain type of this harbor management software has a facility wherein it can trace vessels near the harbor within a specific range. The vessels can be viewed through graphics. This helps harbor managers in identifying if a vessel is in the wrong location or if the vessel’s location information is incorrect. Through the graphical overview, harbor managers can also recognize if the vessels are moving toward each other, which can lead to a collision and can alert the vessels to divert their route a bit from t...
Post a Comment
Read more